$325,000
SOLD NOV 15, 2024

220 Summit Ave Oconomowoc, WI 53066

3 Beds
2 Baths
1,038 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$313 Per Sq Ft

7% Below List Price

40 Days on Market

Highlights

  • Main Floor Bedroom
  • Fenced Yard
  • Bathtub with Shower
  • Park Lawn Elementary School Rated A
  • 2 Car Detached Garage
  • 4-minute walk to City Beach Park

About This Home

As of November 2024

Nicely updated 3BR farmhouse in an outstanding location near downtown Oconomowoc! Enjoy a large private fenced-in back yard. Exterior updates includes a new front porch, roof, and gutters. Main level offers refinished hardwood floors. Large open kitchen area has appliances included. Living room with plenty of windows and natural light. One bedroom with large walk-in closet on main level. Upper level features 2 bedrooms and a full bath with shower over claw-foot tub. Mud room off back entrance. Lower level is partially finished a walkout to back yard. Back yard features mature trees, patio area, firepit area, and plenty of parking space. Plenty of recent years updates appliances, some windows, and more. Short walk to downtown Oconomowoc! Seller offering HSA Home Warranty ($520 value)!

Last Agent to Sell the Property

Paul Liebe

Lake Country Flat Fee License #51587-90 Listed on: 09/04/2024

Last Buyer's Agent

Tony Wendorf & Associates Team*

First Weber Inc - Delafield License #84954-94

First Weber Inc - Delafield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1901

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Schools

  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Water softener is rented
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,780

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Oven/range, refrigerator, dishwasher, microwave, washer, dryer
  • Directions: North side of Summit Ave. near Cross St.
  • New Construction: No
  • Year Built: 1901
  • Cleared Acreage: Less than 1/2
  • Architecture: Farmhouse/National Folk
  • Full Street Address: 220 Summit AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.22
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Mud Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Partially Finished, Walk Out/Outer Door
  • Interior Amenities: Seller Leased: Water Softener, Cable/Satellite Available, Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Main
  • Den Office Level: Lower
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1038.00

Exterior Features

  • Exclusions: Water softener is rented
  • Exterior Features: Patio, Fenced Yard
  • Exterior Building Type: 2 Story
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Oconomowoc Area
  • High School: Oconomowoc
  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Nov 15, 2024
Sold by
Strauss Ronald P and Strauss Jennifer L
Bought by
Gangnon Staci
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Tony Wendorf & Associates Team*
First Weber Inc - Delafield
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Views
177
Current Estimated Value
$327,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,710
Avg. Annual Appreciation
-1.19%
Original Mortgage
$260,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 9, 2013
Sold by
Maccluskey Robert and Maccluskey Michelle
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 19, 2009
Sold by
Maccluskey Michelle
Bought by
Maccluskey Robert and Maccluskey Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,184
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2006
Sold by
Binkelman Matthew and Binkelman Deana Mustas
Bought by
Maccluskey Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 2000
Sold by
Dejanovich Michael J and Dejanovich Susan M
Bought by
Binkelman Matthew and Mustas Deana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2000
Sold by
Wisconsin Housing & Economic Development
Bought by
Dejanovich Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1999
Sold by
Myers Jay H
Bought by
Wisconsin Housing & Economic Development

Purchase Details

Closed on
Feb 29, 1996
Sold by
Daniels James K and Daniles Susan K
Bought by
Myers Jay H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Main Street Title Llc
Sheriffs Deed -- None Available
Sheriffs Deed -- None Available
Interfamily Deed Transfer -- 1St Service Title & Closing
Warranty Deed $141,000 Milwaukee Title Closing Serv
Warranty Deed $99,000 --
Quit Claim Deed -- --
Sheriffs Deed -- --
Warranty Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 Credit Line Revolving
Closed $40,000 Credit Line Revolving
Closed $260,000 New Conventional
Previous Owner $101,000 New Conventional
Previous Owner $159,184 FHA
Previous Owner $136,000 Unknown
Previous Owner $16,700 Unknown
Previous Owner $114,800 Fannie Mae Freddie Mac
Previous Owner $96,000 Purchase Money Mortgage
Previous Owner $80,750 Purchase Money Mortgage
Previous Owner $63,650 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $325,000 +2.3% $313 / Sq Ft
10/07/2024 10/07/24 Price Changed $317,700 -2.8% $306 / Sq Ft
10/01/2024 10/01/24 Price Changed $327,000 -3.5% $315 / Sq Ft
09/28/2024 09/28/24 Price Changed $339,000 -3.1% $327 / Sq Ft
09/06/2024 09/06/24 For Sale $349,900 -- $337 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,889 $271,200 $99,300 $171,900
2023 $2,781 $250,300 $99,300 $151,000
2022 $3,124 $231,000 $99,300 $131,700
2021 $2,704 $203,800 $99,300 $104,500
2020 $2,421 $141,400 $51,700 $89,700
2019 $2,324 $141,400 $51,700 $89,700
2018 $2,058 $129,200 $51,700 $77,500
2017 $2,067 $129,200 $51,700 $77,500
2016 $2,086 $129,200 $51,700 $77,500
2015 $2,085 $129,200 $51,700 $77,500
2014 $2,491 $129,200 $51,700 $77,500
2013 $2,491 $154,200 $59,500 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1890369

Metro MLS

APN: OCOC-0563-268